Quote from: TPTB_need_war on February 19, 2016, 08:41:58 PM

Quote from: smaragda on February 19, 2016, 06:49:28 PM

Just a heads-up... I don't have anything specific to say about it:

https://www.youtube.com/watch?v=StMBdBfwn8c

I am 7 minutes into the video, and Vlad Zamfir (developer of Casper) has already not underst00d that proof-of-stake has externalities. I mentioned that to jl777 today:

Quote from: TPTB_need_war on February 19, 2016, 05:36:15 PM

Quote from: jl777 on February 19, 2016, 01:45:51 AM

You have no economically viable attack.

Only of we ignore externalities (external economic motivation). The same applies to the erroneous claim that proof-of-stake is as secure as proof-of-work.

Quote from: jl777 on February 19, 2016, 01:45:51 AM

Just because something is possible, that doesnt mean it is certain to happen, especially when it is economically non-viable.

As non-viable as Nxt being controlled by a dictator and Bitshares being controlled by two centralized exchanges.

Also Vlad doesn't seem to fully appreciate that a validator will not be betting against himself if he bets against his historic validation:

Quote from: TPTB_need_war on January 08, 2016, 07:11:59 PM

To summarize, Proof-of-Stake (including Masternodes of Dash and Casper's consensus-by-betting):

stakes (or even deposits) aren't permanent because they can be sold (withdrawn), thus historic security is indefensible

Also around the 22 - 23 minute point Vlad makes a reasonable point that having no block reward incentivizes miners to not do game theories that would destroy transaction rate, but he is wrong to assume that is the only possibility. For example a cartel on mining could limit block sizes and thus drive transaction fees higher. Also he is incorrect to imply that proof-of-stake is orthogonal to monetary policy because proof-of-stake can only distribute coins proportionally to stake, which thus the same as no distribution. Vlad has so many myopias, I don't have time to comment on all of them. The myopias are pervasive through the entire interview.

Btw, the interviewing female seems to be quite intelligent. I'm shocked because first female I've seen in crypto currencies and she seems to be a quick thinker.

Congratulations. You talked to a guy and watched a video from another. Both are way smarter and way more successful than you. I hope you learned something, but I don´t think so. You are still delusional.